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1  Bitcoin / Bitcoin Discussion / The Bitcoin Scaling Wars - Part 1 - The Dark Ages on: November 22, 2017, 12:21:30 AM
This article is very interesting:

https://www.yours.org/content/the-bitcoin-scaling-wars---part-1---the-dark-ages-d71e23cffbe7

I've been reading more and more about censorship on the bitcoin forums.  They're becoming like the North Korean media.
2  Bitcoin / Bitcoin Discussion / Re: r/bitcoin is like the North Korea media on: November 17, 2017, 12:26:00 AM
So much for believing in

CENSORSHIP RESISTANCE and PERMISSIONLESS.

3  Bitcoin / Bitcoin Discussion / r/bitcoin is like the North Korea media on: November 16, 2017, 05:28:50 PM
Roger Ver and Jihan Wu have stated that there is censorship on r/bitcoin subreddit.

I tested it out. I entered a dissenting viewpoint on r/bitcoin. It was removed.

This is stunning. I can't believe it.

r/bitcoin is like an echo chamber and fake news.

r/bitcoin is like the North Korea media.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope you guys won't fall for this BCH joke on: November 13, 2017, 06:53:58 PM
It's exactly what the whales are waiting for Smiley) They sold Bitcoin at more than 7k$ then dump Bitcoin price by leaving Bitcoin and pump Bitcoin Cash price for few days, a lot of new traders falled into this trap cause they were afraid about it then tried to cut the loss Smiley). Bitcoin price quickly dumped to under 6k$ and it's the good times for the whales to buy it back Cheesy. This drama is played again and again in this world but there are still a lot of people fall into it Smiley)

Who are these whales?  Can you provide proof that they did this?
5  Bitcoin / Bitcoin Discussion / Re: 134k unconfirmed transactions now. I'm starting to get really worried about this on: November 13, 2017, 06:49:31 PM
Along with Bitcoin spam transactions they're also trying to make emergency adjustments to BCH mining difficulty while they pump BCH price. They also have "BCH much wow" sockpuppets roaming the web talking up to coincide with pump movements.

It's not something that's sustainable, they can only do it in burst and each burst gets more pathetic as the cryptocommunity wises up and tells them to fuck off.

Transactions will clear when they've burnt through too much money and give up, there's also only so long collaborators like Shapeshift can justify putting a hold on Bitcoin transactions.

Take note of what all of these people are doing now, remember who betrayed and tried to manipulate you when the dust settles.

I assume that you are saying that they are spamming Bitcoin?  Can you provide proof?
6  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope you guys won't fall for this BCH joke on: November 13, 2017, 05:48:40 PM
With this whole BCH thing, i tend to say, do not follow the herd off the cliff, do your solid research, and then make up your mind. A pump that fast was sure to dump, but the mania is dangerous. BTC has its own problems, but even so, BCH shouldn't pump/dump that quickly. Logical thinking is needed. Bitmain only accept payments for their latest miner in BCH, thats concerning.

Can you provide proof that this price change is a result of pump and not the fear that Bitcoin will never scale?

BCH is shit! Angry

I ordered some AntMiners from Bitmain just after the last block confirmed. It is now 2 hours and 43 minutes later and my transaction has not yet confirmed because there are no blocks. It seems like BCH miners are just opportunistic parasites that jump off BTC to BCH when the price of BCH goes up, and jump back to BTC immediately after the price drops.

At least with BTC there are enough miners who stick around to keep the system functioning, albeit at a lower rate.

Will the block times change after BCH changes their difficulty algorithm today?

Bitmain jump back to BTC? According to Bitmain's site, they still say that they only accept BCH. 
7  Bitcoin / Bitcoin Discussion / Re: 134k unconfirmed transactions now. I'm starting to get really worried about this on: November 13, 2017, 05:42:03 PM
The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or commerce?

That is why you are paying much because of the damn traffic.
As long as you will pay more you will be the priority.
Pfft and you just knew tht now?.
I am not worried until now. This things already happened before.
 Are all who comments hdre are newvbies?

Are you saying that Bitcoin is going to become less popular because traffic is going to down?  What happens when Bitcoin becomes more popular?  Will I pay $80 fees to get my BTC sent in a fast time?

Here's the latest block mined:  https://blockchain.info/block/0000000000000000000df6d1c8c0ddd830af3e56d53d03dee729196f57ae7397

Transactions Fees:  2,691.49305778 BTC

Number of Transactions:  2159

Average fee per transaction:  0.001755369 BTC

If BTC = $6,500, then average fee is $11.41.

A paper check in an envelope is cheaper.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope you guys won't fall for this BCH joke on: November 13, 2017, 05:33:28 PM
"The simplest option would have been to raise the block size cap from 1 MB that Satoshi Nakamoto originally added as a temporary measure to prevent spam transactions. However the company BlockStream, backed by insurance giant AXA[ref] which now has the majority of developers controlling the Core repository did not want that. They wanted to stifle on-chain capacity so they could force users and transactions into using their patented side chain called Lightning Network[ref]. Not to mention that the Lightning Network will abandon the original Bitcoin vision for a fully decentralised payment system[ref] and move to a system which is more like regular banks which can be controlled, regulated and censored[ref]. This is a disgusting hostile corporate takeover attempt of Bitcoin and the goal is to kill it off as a decentralised currency."

https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/

The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or for buying anything?

If I was to pay someone in another country, I'd rather mail a check in an envelope.
9  Bitcoin / Bitcoin Discussion / Re: 134k unconfirmed transactions now. I'm starting to get really worried about this on: November 13, 2017, 05:27:39 PM
The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or for buying anything?

If I was to pay someone in another country, I'd rather mail a check in an envelope.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICOs you suggest for November on: October 29, 2017, 02:57:20 PM
ICO safety thread "3 kinds of ICOs — Protect yourself": https://bitcointalk.org/index.php?topic=2243157.0

That ICO safety threat that you quoted likes EOS, Overstock and Stockbet, which I agree with, except maybe EOS.

See https://bitcointalk.org/index.php?topic=2320828.0 about Overstock and Stockbet
11  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO - Legitimate with Huge Potential on: October 29, 2017, 12:50:39 PM
utrust was one of the best, but it has turned to a shady mode, i dont like how it is going.

about utrust https://bitcointalk.org/index.php?topic=2243157.msg23632808#msg23632808

Stick with ico’s that have working software
12  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO - Legitimate with Huge Potential on: October 29, 2017, 12:02:33 PM
Stockbet’s token sale starts in 2 hours
13  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO - Legitimate with Huge Potential on: October 29, 2017, 10:38:53 AM
I mean this is definitely interesting and i've personally wanted something like this(1v1 bets) for a long time.

Join in one of the bets:

Overstock:  https://stockbet.com/#/BullBear/round/17972

Bitcoin:  https://stockbet.com/#/BullBear/round/17973

Ethereum:  https://stockbet.com/#/BullBear/round/17970
14  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO - Legitimate with Huge Potential on: October 29, 2017, 02:11:43 AM
So the plan is when the ICO ends, every single bet will be processed in the tokens that are sold in the initial ICO stage, correct? I mean this is definitely interesting and i've personally wanted something like this(1v1 bets) for a long time.

Hopefully more people can hear about this project Smiley

As far as I know.
15  Economy / Speculation / Re: I BUY GOLD OR BITCOIN? on: October 28, 2017, 11:10:06 PM
Old ask and asked many times

this pic may give you answer



Source https://getabitcoin.files.wordpress.com/2014/04/goldvsbitcoinvsdollar.png




 for me i prefer Gold more Because women love it more than Bitcoin and can invest it  Cool Cool

I don't know about the Theft Resistance. Lots of bitcoins have been stolen.
16  Bitcoin / Bitcoin Discussion / Re: Do you really beleive in the cryptocurrency market? If YES, why ? on: October 28, 2017, 11:04:05 PM
This is really a dumb question.

It's like standing in a nutrition store and asking people in the store if they believe in nutrition.

You're in Bitcointalk. Most people here believe in cryptocurrencies or are curious about it. The people who don't, aren't here.
17  Bitcoin / Bitcoin Discussion / Re: How to cash out Bitcoin anonymously? on: October 28, 2017, 11:00:55 PM
Have you tried out LocalBitcoins?

The limitation is that the buyers and sellers usually deal in smaller amounts.
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Virtual Reality on: October 28, 2017, 10:59:47 PM
I agree with squatz1

And how will the blockchain be able to support so much data? Blockchains run on people's computers. Can they run Virtual Reality on their home computers?
19  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Hackable? on: October 28, 2017, 10:44:50 PM
Some believe that the NSA will eventually hack bitcoin
20  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO - Legitimate with Huge Potential on: October 28, 2017, 10:30:26 PM
Recently there has been a lot of gambling ICOs, with Bitdice etc.

I think the idea of social competition where people can match up with each other instead of having to deal with a boring order book is great and will boost the business. However whether or not an ICO is going to be worth an investment is doubtful.

Where are the token's value actually going to come from?

Yes there has been a lot of gambling ICOs, but most are casino or computer gaming type gambling. Stockbet is the only one focused on financial betting that I'm aware of.

The token's value is going to come from multiple sources

- Winnings. Token holders are like the house. The house always wins.
- The white paper says that a % of the house cut will be burned. So with deflation, the tokens will go up in value
- Demand. Let's say people want to gamble in total $1 billion worth. They'll have to buy Stockbet tokens to do this. This will drive up demand for Stockbet tokens and its value.
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